Kain Gary D 4
Research Summary
AI-generated summary
AGNC Executive Chair Gary D. Kain Withholds 251,989 Shares
What Happened
- Gary D. Kain, Executive Chair and Director of AGNC Investment Corp. (AGNC), had 251,989 shares withheld upon vesting of restricted stock units to satisfy tax withholding obligations. The shares were valued at $11.30 each, for a total of $2,847,476. This reporting code (F) reflects tax withholding on RSU vesting rather than an open-market sale.
Key Details
- Transaction date and price: 2026-02-17 at $11.30 per share.
- Shares withheld/disposed: 251,989; total value ≈ $2,847,476.
- Shares owned after transaction: not specified in the supplied Form 4 data.
- Footnotes: F1 — shares were withheld to cover required tax withholding on RSU vesting; F2 — the reported amount includes 11,274 dividend-equivalent RSUs received since the last Form 4.
- Filing: Form 4 filed 2026-02-18 reporting the 2026-02-17 transaction (filed the next day).
Context
- This was a routine tax-withholding disposition tied to RSU vesting (code F), not an open-market sale (code S). Such withholdings are common when RSUs vest and do not necessarily indicate a change in the insider's view of the company.